Crypto exchange Coinbase hack breaches customer data
Coinbase General Law Political Polesponding Poghos Gerop is discussing how US Securities and Exchange Committee have stated that the lawsuit plans to “in the bottom line”.
Coinbase Global shares decreased by more than 7% on Thursday, after the cryptic stock market said eght cyber attack In this violation, the customer account data can pay for the company to $ 400 million.
The data stolen account that has affected the “Small Customer Subsection” includes names, addresses, phone numbers, e-mail. Mails and government identification images. Passwords and private keys are not compromised, the company says a Adjusting request Thursday.
Coinbase invests in 2026 in the $ 25 million elections, dedicated to cryptic super PAC
The online platform, which has more than $ 328 billion, received an email from an unknown threats on May 11, which claims that customers accounted for internal documents. Cybercropers demanded a $ 20 million ransom, in exchange for public non-determination, the presentation is mentioned.

The data stolen account that has affected the “Small Customer Subsection” includes names, addresses, phone numbers, e-mail. Mails and government identification images. (Reuters / DADO RUVIC / ILLUSRATION / File Photo)
Is Hackers paid In order to get the information out of us, many contractors and employees work outside the United States. According to the company, Coinbase released the involved and referred to them to law enforcement.
COINBASE DUNKS on traditional payment methods worth $ 15 million
“Cybercriminators bribed and drafted a group of gross foreign support agents to steal customer customer data to facilitate social engineering attacks,” Coinbase wrote. Blog post Thursday. “These signatories were abusing customer support systems for access to a small customer subsection.”

In this photo description, Coinbase Logo is displayed on the iPhone screen, 2023. On June 6, in San Anselmo, California. (Justin Sullivan / Getty Images)
Is Crypto exchange did not pay hackers and reimburse customers who have been deceived to send them funds. Coinbase has estimated costs of recovery costs and customer compensation within $ 180 million and $ 400 million.
COINBASE SUES SEC, FDIC CRYPTO RULES
“We are working closely with law enforcement to pursue as many possible penalties and will not pay a ransom demand for $ 20 million,” said Coinbase.

The representations of Cryptocures Bitcoin, Etherm and Dogecoin are placed on this illustration on PC Motorboard, which took place on June 29, 2021. (Reuters / DADO RUVIC / FILE Photo / Reuters Photos)
In addition, CoinBase offers $ 20 million award for the arrest and conviction of the attack. It also tightens protection and opening a new support node In the USAaccording to the company.
Cyberattack’s statement comes, as US securities and stock exchange commission have started investigating whether CoinBase has made an error in the number of its users. ReutersA number
Coinbase and SEC have not immediately responded to Fox Business Comment request.